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World Coffee Supplies in 2001/02 Are Forecast 4 Percent Above Last Year's Level
Although world production of coffee in 2001/02 is forecast slightly (less than 1 percent) ahead of last year's level, total supplies of coffee in 2001/02 are forecast 4 percent ahead of last year, the result of higher beginning stocks. World production of coffee in 2001/02 is forecast at 117.7 million bags (60 kilograms or 132.276 pounds), roughly unchanged from the revised 117.0 million bags of 2000/01. Beginning stocks in the major producer/ exporting countries are forecast at 26.3 million bags, up 4.9 million bags from 2000/01. Brazil's coffee production for 2001/02 is forecast at 33.7 million bags, down about 1 percent from last year's level, and still down 1.9 million bags from the 1998/99 production level of 35.6 million bags.
Although Brazil's production is down slightly, total coffee exports from Brazil in 2001/02 are forecast to increase by 16 percent from 2000/01, mainly as a result of higher beginning stock levels. Brazil's exports of coffee in 2001/02 are forecast at 20.0 million bags of green coffee and 2.0 million bags of soluble coffee, for a total of 22.0 million bags. Total world exports of coffee in 2001/02 are forecast at a record 93.1 million bags, compared with 87.5 million bags estimated for 2000/01.
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